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Fly News Breaks for March 16, 2018
JILL
Mar 16, 2018 | 08:08 EDT
SunTrust analyst Pamela Quintiliano lowered her price target on J. Jill to $5 after the latest quarterly earnings, saying "problems re-emerged and became more prevalent in Q4". The analyst notes that there is limited response to product assortment, and that it may take some time for the new CEO to make an impact. Quintiliano keeps her Hold rating, also warning about potential margin dilution if the company's direct penetration offerings decline further while discounting becomes a "regular part of business".
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